@Kaffchad Might play into dragging the ball more underwater. But the ball will shoot up at some point.
Either way we should have good pumps for sol and eth in the future
$BMNR might stop buying but imo nobody else will be selling $eth.
Reason is Nobody or Very few have $eth in their folio. Its a hated coin after underperforming previous bull.
Selling pressure is very limited. We might see 1500$ at best.
Would be a gen opportunity
As of now, #Bitmine has accumulated 4.58% of $ETH’s total supply.
That means they’re just 0.42% away from completing their ETH accumulation target.
Throughout the recent bear market, Bitmine has been one of the strongest consistent buyers of ETH. Their relentless accumulation provided significant demand that helped prevent ETH from dumping as hard as $SOL.
Once they hit their 5% target, that major source of structural buying pressure will largely disappear.
And ETH is likely to lose a meaningful demand driver and could start underperforming the broader market.
That’s why I’m seriously considering rotating a portion of my ETH into SOL:
> SOL has been underrated for a long time
> The memecoin narrative is heating up again on Solana
> Tokenized equities are also developing strongly on SOL
Wdyt?
There is a non zero chance that we get lower prices for our beloved internet magic coins. Even for current strong majors like $eth
But am i going to wait to have 1700$ even 1600$? Fuck that!
And ofc If opportunity comes, we strike.
I put my plan into action and just started DCAing an $eth Etf and some spot Solana.
$btc is also in buying zone for me long term.
Will check if any equities is worth having exposure to. But I already like $circl and $BULL
@IncomeSharks I was early to $coin and $hood. I also believe $hood will do good in the future, given how great they execute. I also like the $BULL chart a lot. Not sure about the fundamentals but it might be its time to shine
Also looking at very few equities specific names. I dont want capital to be scattered in a lot of names when markets are this toppy. Crypto is in a different state I think, way more attractive
In the coming weeks, i will be focusing on accumulating as much crypto as I can. Focusing on quality for the new projects. For Older projects, if chart bottoming won't care: if its meme or trash will accumulate
there is a project sittin at just 65m got multi-billions in GPU loans queued in the pipeline, already cookin real revenue with 44m+ projected ARR while slidin’ perfect into the AI compute meta like it was built for it? real collateral, real deals, zero vapor fluff. this one stackin different fr
I present to you a total degen play $Asti
company with 15M $ market cap. Has been down only since 2008.
Basically a shitcoin involved in solar and aerospace